Apple Stock Sinks On Disappointing Sales Outlook

Nov 1, 2024 · He maintained his hold rating on Apple stock but cut his price target to 211.84 from 212.92. On the stock market today , Apple stock fell 1.3% to close at 222.91. Is Apple Sandbagging Its Guidance

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Apple Stock Sinks On Disappointing Sales Outlook

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investors.com

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Apple Stock Dips On Mixed Outlook, Analysts Eye AI As Key For …

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Nov 1, 2024 · Apple's 46% to 47% gross margins, expected by BofA, reflect both high iPhone sales and component cost efficiencies. Analysts' projection for Q2 points to ongoing high …

yahoo.com

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Analyst Downgrades Apple Stock Citing 'decidedly Unattractive' …

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Jan 8, 2025 · Apple five-day stock price. Source: Google Finance. As of the market close on January 7, Apple shares were priced at $242.21, marking a 4.12% decline over the past five …

finbold.com

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Apple Stock Sinks On March-Quarter Outlook - Investor's Business …

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Feb 2, 2024 · On the stock market today, Apple stock dropped 0.5% to close at 185.85. Also Friday, Apple began selling its Apple Vision Pro spatial computer after two weeks of preorders. …

investors.com

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Apple Stock Downgraded Again Citing IPhone Sales Concerns

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Jan 4, 2024 · For Apple specifically, Kumar cited concerns about growth in iPhone sales, which account for about 52% of Apple’s total revenue, weak demand in Apple’s crucial China market …

forbes.com

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Apple Stock Dips After Earnings. Quarterly Sales Fell 1%.

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Apple shares were sliding after the company posted a 1% decline in sales from a year ago. Strong revenue from Apple's services business was offset by disappointing sales of iPhones and iPads.

barrons.com

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Apple Stock Downgraded On Views IPhone 16 Sales Will Disappoint

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Oct 7, 2024 · Apple stock has gained 17% in 2024. Apple Stock: Technical Ratings. Apple's iPhone 16 smartphones officially went on sale Sept. 20. Apple Intelligence features will be …

investors.com

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Apple Stock Slumps Toward Lowest Close In 18 Months, Worst Yearly ...

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The stock was headed for a new closing low for the year, below the previous low of $130.06 on June 16, 2022, and the lowest close since June 15, 2021. ... Apple’s stock has tumbled 12.4% …

marketwatch.com

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Apple Falls As Disappointing Sales Outlook Outweighs Record Profits

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Jan 28, 2021 · Apple posted record quarterly profits of $28.76 billion in their first fiscal quarter, but a disappointing sales outlook has shares falling.

businessinsider.com

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Apple Stock Drops Amid Soft IPhone Sales, Zuckerberg Diss

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2 days ago · On the stock market today, Apple stock fell 1% to close at 234.40. On Friday, Apple stock triggered a sell signal when it plunged beneath its 50-day moving average line in heavy …

investors.com

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Apple: High Valuation Makes No Sense (NASDAQ:AAPL)

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2 days ago · Looking at Apple's stock price chart for the last 2–3 years, one can assume that the company is doing exceptionally well, as the price has increased more than 35% since January …

seekingalpha.com

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Apple Shares Slide On Disappointing Outlook - Financial Times

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Nov 1, 2018 · That fuelled Apple’s highest revenue growth rate in three years, with overall sales rising 20 per cent to $62.9bn. Net income rose 32 per cent to $14.2bn, with earnings up 41 per …

ft.com

FAQs about Apple Stock Sinks On Disappointing Sales Outlook Coupon?

What happened to Apple's iPhone sales?

Group revenues, Apple said, fell 5.5% from last year to $117.15 billion, again missing analysts' estimates of $121.2 billion, thanks in part to anoutsized 8.2% slump in iPhone sales, which came in at $65.78 billion. ...

Did Apple stock dip after earnings?

Apple Stock Dips After Earnings. Quarterly Sales Fell 1%. | Barron's Apple Stock Dips After Earnings. Quarterly Sales Fell 1%. Apple shares were sliding after the company posted a 1% decline in sale... ...

Does Apple's guidance call for 1% growth in hardware sales?

In late morning trades on the stock market today, Apple stock fell 1.5% to 222.47. KeyBanc Capital Markets analyst Brandon Nispel said he believes Apple's guidance calls for 1% growth in hardware sales in the current quarter. Consensus expectations were for 5.6% growth in the period, he said in a client note. ...

Why did Apple's share price drop Friday?

Apple ( AAPL) - Get Free Report shares slumped lower Friday after the tech giant posted its first quarterly earnings miss in six years, alongside its first annual revenue decline since 2019, as supply chain snarls in China limited the availability of its high-end iPhones and fading consumer demand dented personal computer sales. ...

Will Apple stock underperform its peers?

Piper Sandler analysts led by Harsh Kumar downgraded Apple stock from overweight to neutral, suggesting they no longer expect Apple stock to underperform its peers. The reason given is their concerns about iPhone sales. ...

Is Apple stock overvalued?

Apple's financial health has deteriorated, with reduced cash reserves and increased debt, limiting its ability to invest in new opportunities. With high valuation multiples and a DCF analysis indicating overvaluation, cautious investors should avoid Apple stock due to its uncertain growth prospects. ...